Shortopportunity
LONG TERM SHORT OPPORTUNITY - USDCHFThis pair has completed its upward trend with a culmination of its rising wedge as shown below. The formation is complete and therefore the pair is expected to tumble. Also in evident is the double tops formed along the trend line which the pair has respected and shown no interest in breaching the trend. Check out the set up and let us know on the comments below to what level do you think it will drop to...
EURGBP SHORT CONTINUATION 38% Retracement at our respected descending trendline for a short continuation
GBPCAD SHORT OPPORTUNITY1hr/ 4hr time frame, price retraced after breaking below a key support level, sellers were not showing any loss of momentum showing us that the pound can continue dropping lower.
AUDNZD #Forex #ForexTrader #ForexTrading #ForexChartPossible AUDNZD shorting opportunity.
Broke diagonal channel and has come up to re-test previous support.
Using Fib levels as TP's
Any questions feel free to ask
Ben
#PipGainFx
EURAUD 61.8% FIBONACCI Using Structure and Trend Analysis, I find a pull back into this level of resistance very important and may show us the continuation in this downtrend with the right candlesticks presenting themselves in this area.
EURNOK POTENTIAL BEARISH CONTINUATIONThis pair experienced a gap in the opening of the market. I'd like to see this gap be filled and also see great rejection at the 38% retracement or slightly below it.
CADJPY - Short #Forex #ForexTrader #ForexTrading #ForexChartLovely shorting opportunity on the 4 hour.
Previous daily structure for possible reversal
Can trade off of the break out candle - or wait for a pull back to the consolidation zone then enter short
I'm more aggressive so i will be taking the trade depending on how markets open
check on Daily TF you may see if clearer what i am seeing
USDCHF 4HR GARTLEY PATTERNGartley Pattern forming, waiting for price to reach the 127% Fibonacci Extension from Legs A - B
GBPCHF TRIPLE TOPPrice is in the motion of forming a high probable triple top if we do see price continue bearish. This pair is definitely showing us a seller market therefore it is in our best interested to follow this trend. Calculating targets if entering this market after it breaks support, we grab our data from support to resistance and use it as our potential target which leads us to our next level of support.
What invalidates this trade? Price breaking above Resistance, Breaking Higher Highs. Potentially can find a long opportunity if so.
USDCAD 61.8 RETRACEMENT!!!After price broke out of a highly respected uptrend, price squeezed and broke out bearish (Impulsive Wave). Currently we see price rallied at a very attractive reversal level(Exhaustion), (Fibonacci 61.8% Retracement) Price is Accumulating at this Level so we are awaiting for confirmation to enter this high probable continuation of trend to the downside. Trading Idea is invalid if price decides to break into Higher Highs eventually breaking above the 78.6%.
NZDCHF, EURNZD CORRELATIONPreviously analyzed the Euro/Kiwi, using Price Action we were looking to go Long (Refer to my previous analysis on EURNZD) We have a 95% Negative Correlation to EURNZD therefore we see price express itself like 2 Positive Magnets. Price is moving in an extreme downtrend which isn't hard to analyze with naked forex. I'd be highly interested in finding a high probable entrance into this pair if price decides to pullback into previous structure which can also lead price to rally at an Important Fibonacci Level before continuing short.
EURUSD HEAD AND SHOULDER PATTERN!!!Price Action (Technical Analysis): After a successful breakout of the head and shoulder pattern we find ourselves in a very volatile area with
#1 Price retesting Daily Head and Shoulder Neckline
#2 Price Retracing to Neckline Structure is also the Downtrend 61.*% Fibonacci Retracement
#3 Downtrend Confluence
#4 Long wicks in the Daily time frame and closes below retracement level
waiting for candlestick confirmation....
Fundamental Analysis: None.
CAD/JPY GARTLEY PATTERNPrice Action (Technical Analysis): Here we see price is forming a Potential Gartley Pattern in the 30MIN-4HR. I'd like to see price rally around 80.50-80.55ish and gain confirmation to go short if price action tells me so. (Bearish Candle Stick Reversal Confirmation) This trading idea is invalid once our D leg breaks above X.
Fundamental Analysis: None.
USD/CHF SHORT OPPORTUNITYPrice Action (Technical Analysis): Price broke out of the daily bearish wedge, either price continous to break below and test the previous structure it breaks (Support turns into Resistance) or price decides to retrace to a key fibonacci retracement level.
Fundamental Analysis: None.
USD/CAD ASCENDING BREAKOUT!Price Action (Technical Analysis): We see Sellers are beginning to gain confidence as price was rejected when entering our Resistance Zone. It is common to see Price Copy its Previous Pattern, we seen price attempt in the same pattern to break our Weekly Resistance and instead brought back down, Buyers are attempting to break above one more time but from what I see, price broke out of the Weekly Bullish Trend and i'm anticipating price to pull back before continuing short.
Fundamental Analysis: Buyers and Sellers are very attracted to this Currency Pair especially after the recent week we just had with Major News all week. US Border Talks are causing a High Volatile Market with Investors high interests in Commodities + Safe Havens also due to the stirred pot of news last week that brought a lot of uncertainty.
NZD/CAD BREAKOUT IDEAPrice Action (Technical Analysis): Daily Price Action is sitting in Consolidation, we are waiting for the bigger play as price is already showing us both accumulating structures are respected. We are going to let price flow this week as we already have a bearish confluence giving us a seller bias, +200 Pips Calculated from either pull back entry after a breakout Impulse. Potential Exits are our key levels of Support or Resistance.
Fundamental Analysis: None.
Short Opportunity - CHFJPYTwo promising Sell signals on CHFJPY, 12hr timeframe! I am confident with my entries, largely thanks to my new indicator :) (linked in related ideas).
Sell Opportunity.
Will update as market plays out!
- The_Lucrative_Lifestyle
EUR/GBP 4H HEAD AND SHOULDER UPDATE!!Price Action (Technical Analysis): We have a very strong, healthy, respective Head and Shoulder Pattern here in the 4H time frame. Our neckline is 0.89553, our idea and discipline for entry would have been entering in the right shoulder when anticipating this pattern. (Right shoulder closing at the 38% retracement complimented by loss of bullish momentum) or Entering the market after we have our first impulse breaking pass our neckline giving us all the reason for price to correct itself to previous structure then waiting for a bearish price action reversal pattern. Both ideas are great ways to enter a Head and Shoulder Pattern obviously choice #2 being more confirmed then our #1 option.
Fundamental Analysis: None.
USD/CHF DAILY HEAD AND SHOULDERS, BREAKOUT READY!Price Action (Technical Analysis): Daily Head and Shoulders formed & ready for a Breakout . Bearish weekly pin bar formed giving us a heads up bearish pressure isn't going to be fading away, bears are in control. I'd like to see a 4H or Daily candle stick breaking & closing below our Head and Shoulder Neckline to confirm our high likely analysis.
Fundamental Analysis: None.
SPX to a bear runThe break of this counter trend trade must bring us to the 200 ema in the next week, try to catch the blue zone for sell, but this counter trend line must be enough if the price dont go to 2800, lets see how this one play for a long term trade and minimum risk. Beautiful picture.
Eos short opportunity +40% : keep it simple.Eos in trouble. If price will Break level 56286 and close below it on daily or weekly candle , there'll be many chance to see it at level 32080.
Short agressive : on close candle below the level.
Short conservative : on retest of level after close below it.
